1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.
1y ago
KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- The Malaysia Productivity Corporation (MPC) has launched the electric vehicle and battery management (EVBM) guidelines to ensure public safety, environmental protection and the sustainability of Malaysia’s EV ecosystem.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher today, taking its cue from the recovery in benchmark crude oil prices and the uptick in the Shanghai rubber futures exchange, amid concerns over tight natural rubber supply due to adverse weather in producing countries, a dealer said.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The rise of financial technology (fintech) and artificial intelligence (AI) in today’s rapidly changing world presents both opportunities and challenges such as the use of AI in credit scoring that has raised concerns about algorithm bias and the possibility of unfair lending practices.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said.
1y ago
KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian Palm Oil Board (MPOB) hopes the government will assist planters in accelerating replanting activities to rejuvenate unproductive and ageing oil palm trees in Budget 2025, thus enhancing the sector’s productivity.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, influenced by the downward momentum in the regional rubber futures markets and declining benchmark crude oil prices, a dealer said.